#1AGS Date: April 21, 2022 To, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai 400001 - BSE Scrip Code: 543451 To, National Stock Exchange of India Limited, Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai 400051 NSE Scrip Symbol: AGSTRA Sub: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations") Pursuant to Regulation 30 of the Listing Regulations, please find enclosed, the Investor Presentation for the quarter ended December 31, 2021. You are requested to kindly take the same on your record. Thanking You, Yours Sincerely, For AGS Transact Technologies Limited Digitally signed by SNEHA SNEHA PRABHAKAR PRABHAKAR KADAM KADAM Sneha Kadam Date: 2022.04.21 11:34:48 +05'30' Company Secretary and Compliance Officer (Mem No: ACS 31215) Place: Mumbai Enclosure: As above ISO 9001:2008 Certified by IRQS C ISO 14001:2015 Certified by IRQS A MGMT SYS RvA C071 ISO 27001 BUREAU VERITAS Certification UKAS MANAGEMENT 1828 AGS Transact Technologies Ltd. REGISTERED OFFICE 601 - 602, B-Wing, Trade World, Kamala City, Senapati Bapat Marg, Lower Parel (W), Mumbai - 400 013 Phone: +91-22-6781 2000 +91-22-2493 5384 CIN-L72200MH2002PLC138213 Fax: www.agsindia.com CORPORATE OFFICE 1401-A & 1402, One International Centre, Tower-3, 14th Floor, S.B. Marg, Prabhadevi (W), Mumbai - 400 013 Phone: +91-22-7181 8181#2AGS ATM Transaction Successful. ongo gp ongo 000 Swipe/Insert/Tap Card C C IG SECURE VALLE SECURE VALU Payment Solutions (Cash & Digital) | Banking Automation Solutions | Other Automation Solutions AGS TRANSACT TECHNOLOGIES LIMITED INVESTOR PRESENTATION APRIL 2022 AGS Transact Technologies Ltd.#3Safe Harbor AGS Transact Technologies Ltd. This presentation and the accompanying slides (the "Presentation"), which have been prepared by AGS Transact Technologies Limited (the "Company"), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Certain matters discussed in this Presentation may contain statements regarding the Company's market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the company's ability to successfully implement its strategy, the Company's future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company's market preferences and its exposure to market risks, as well as other risks. The Company's actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections.#4COMPANY OVERVIEW AGS Transact Technologies Ltd.#5AGS Transact Technologies - Overview AGS Transact Technologies Ltd. One of the largest integrated omni-channel payment solutions providers in India¹ catering to banks & corporate clients² serving across diverse industries including retail, petroleum, ecommerce and fintech sectors Operational and Financial Snapshot (As of December 2021 / FY21) ATN Established Leadership position in the Indian ATM Industry; second largest ATM managed service & cash management Company in India² with presence across ~2,200 cities and towns ~72,000 ATMs & CRMS managed/Serviced³ 227,940 Merchant POS installed 923 mn / 1,095 mn Switching Transactions Built digital payment solutions such as Ongo & Fastlane; One of the largest deployers of POS terminals at petroleum outlets in India² Dedicated in-house infrastructure & technology capabilities with ability to innovate and offer customized payment solutions c.450,000 Touch points h= 228 bn./ *206 bn. Merchant Gross Transaction Value 45,174 Cash management services to ATMs through SVIL Established track record of delivering robust financial performance as well as continued growth *13,923 Mn/ 17,972 Mn Total Income Strong management team with significant industry experience and established relationships with customers 1 3,541 Mn/ *4,768 Mn EBITDA 25.4% / 26.5% EBITDA margin 1. In terms of providing digital & cash-based solutions; 2. As of March'21 and Source: Ken Research Report 3. Includes installed, maintained or managed ATMs 3#6Evolution of AGS Transact Technologies 2004 onwards Started providing banking automation solutions in India 2009 onwards - Offer ATM outsourcing & managed services, cash management services 2014 onwards Expanded into payments solutions offering Digital & Cash payment solutions ongo indiatransact Fastlane SECURE VALUE SECURE NOVUS TECHNOLOGIES Propaid++ 4000 1234 5678 9010 Continuously evolving and expanding ongo AGS Transact Technologies Ltd. 4#7Integrated Omni-Channel Payment Solutions Provider (1/2) Preferred partner for cash and digital payment solutions AGS offers end-to-end Cash & Digital Payment solutions across industries supported by inhouse service teams and technology platform Strategic Business Enablers Primary Industries Banking AGS Solution Petroleum Retail Transit Fintech POS & Merchant Management Switch & Transaction Processing Payment & Settlement Value Added Services Integrated Solutions ATMs | Cash dispensers | Mobile wallets AGS Payment Platform Form Factor - Independent Omni - Channel Middleware [Digital ID, UPI, Card, Wallet, NFC, QR-Code, Kiosk, ATM, RFID etc.] AGS Support Functions & teams Control Centre 24/7 -365 days Field Services & Cash Management Channel Independent Fraud Prevention & AML Tools & Services Operations & Manufacturing Switch & Payments Merchant & POS Digital & Agile Development AGS Transact Technologies Ltd. 5#8Integrated Omni-Channel Payment Solutions Provider (2/2) Preferred partner for cash and digital payment solutions AGS Transact Technologies Ltd. End-to-end cash and digital payment solutions and technology provider with a dominant presence across India (As of December 2021 / FY21) 1 ATM & CRM Outsourcing / Management 5 6 Other Automation Solutions ~47k cash billing terminals installed ~18k petroleum outlets automated Banking Automation Solutions 24,484 ATMs and CRMS under service in India 32,485 ATMs, including 4,022 Cash Payment CRMs Solutions Other mation 14% of evenue 10% of Revenue4 Banking Automation AGS Transart Technologies Ltc 76% of Revenue ayment Solutions 4 Switching and Toll & Transit 923 mn / 1,095 Mn switching transactions % of sales S.no. Revenue Mix 2 9M FY22 Cash Management SECURE 1. Payment Solutions 76% 45,174 ATMs under management i. Cash Payment Solutions 61% ii. Digital payment solutions 15% 2. Banking Automation Solutions 10% 3 Merchant Acquiring 14% 3. Other Automation Solutions ongo 100% Total 227,940 POS terminals Digital Payment Solutions 6#9End-to-End Provider of Cash Payment Solutions Established Leadership Position in the ATM Industry "Only" company in India to provide the full range of services in the ATM managed services market* Managed Services (MSP) Site Selection Procurement, Daily Operations Installation Management 4 Cash Management 5 6 8 Monitoring, Incident Second Line Management Maintenance MIS, Dashboards & Reconciliation Profitability Management End to end ATM ATMs Equipment Supply management solutions Maintenance of ATM First- & Second-Line ATM Maintenance ATM Managed Services ATM Replenishment and Cash in Transit Breakdown of ATMS & CRMS (as on 31-Dec-21) 32,485 ATMs & 43% Outsourcing Managed 57% CRMS Transaction-based Services fee *As per Ken Research By Service Offering 44% 32,485 ATMs & CRMS 56% Fixed Monthly Fee By Fee Structure AGS Transact Technologies Ltd. Independent Deployment (IAD) Switching/ Trnx. Processing 10 Asset Ownership AGS Retail Cash Management or Cash Pickup and Delivery Cash Payment Solution Revenues Mn 11,208 11,298 11,366 8,370 FY19 FY20 FY21 9MFY22 7#10End-to-End Provider of Cash Payment Solutions In-House Cash Management Capabilities SVIL | Second largest cash management company in India, in terms of revenue from cash management and number of ATMs replenished¹ SECURE ATM VALUE Services pick-up and dn- Cash Doorstep Banking Transit Cash i 18 in Services Processing Cash & Vault Services SECURE Dedicated Cash Vans ATM replenishment, Complete line maintenance Cash pickup, deposit and iCD service Cash transportation in armored vehicles Counting, sorting, reconciliation and vault services Dedicated cash vans used by banks and financial institutions AGS Transact Technologies Ltd. c.46,214 ATMs cash replenished c.4,210 Cash pick-up and points doorstep banking 20 bn c.1,860 Cities and Towns in India 475 Vaults and spoke locations Daily average amount replenished¹ 2,513 Cash vans ✓ Only cash management company that has followed Ministry of Home Affairs ("MHA") guidelines dated August 8, 2018, and RBI guidelines dated April 6, 2018, on a pan-India basis¹ 1. Source: Ken Research Report 2. As of August, 2021 8#11Retail Banking Petroleum End-to-end digital payment solutions provider Comprehensive Suite of Merchant Solutions Payment Acceptance (Device-based and device-less) Value Added Services Integrated Payments Solution (IPS) Merchant Application and Portal Loans Against Card Receivables Billing Software One of the largest deployers of POS terminals at petroleum outlets in India' Pioneered IPS with OMCS1 86 bank partnerships catering to the POS Team of 250 "feet on street" personnel and 393 channel partners on 1,11,773 ongo Financial and Operational Metrics for Merchant Services CUG Prepaid & Loyalty Prepaid 4000 1234 9010 GROCERY ongo Rwand 4000 1234 JEWELLERS 010 ongo AGS Transact Technologies Ltd. Number of POS Terminals GTV through POS Digital Payment Solution Revenues Mn Mn 2,27,940 2,28,334 2,486 2,07,335 2,05,718 2,140 2,028 1,71,809 81,962 1,42,751 1,570 FY19 FY20 FY21 9MFY22 FY19 FY20 FY21 9MFY22 FY19 FY20 FY21 9MFY22 9 1. Source: Ken Research Report#12End-to-end digital payments platforms Offering Value Added Services to Monetize POS Network Continue to monetise POS network to cross-sell VAS to merchants Merchant Analytics application 5% Coupons ongo At the Forecourt Vehicle Insurance ongo Merchant Billing Software India Transact Services Ltd Sale Reverses Transaction Reward Min ATM Propsid Bharat QR < X D Loyalty programs BA Loans Against Card Receivables In the Sales Office Cash @ POS / Micro-ATM BILL Bill Payment Domestic Money Transfer Continue to expand Ongo ecosystem and provide a larger suite of VAS that rely on mobile payments & other digital-based services and application AGS Transact Technologies Ltd. 10 10#13End-to-end digital payment solutions provider Ability to innovate and offer digital payment solutions CHANNELS Built Omni Channel Payment Platform Capabilities INTERFACES ATM L ATMs and Kiosks POS terminals Payment gateway © Remote payment Mobile wallet D Fraud Management Monitoring solutions Mastercard, Visa, American Express, Rupay networks IMPS IMMEDIATE PAYMENT SERVICE Immediate Payment Service K NFS A&PS ALDRARE ENABLED PATENT SYSTEM Aadhar Enabled Payment System UPI UNIRED PAYMENTS INTERFACE Unified Payments Interface Transactions Processed* 923 mn / 1,095 mn Payment gateway portals ຕ BHIM UPI AEPS Merchant management Card Management Reconciliation Cards Chip and Pin RFID QR ↓↑ Transaction switching Payment and settlement As of 9M FY22 / FY21 SERVICES PAYMENT MODES AGS Transact Technologies Ltd. 11#14Board of Directors and Senior Management Team One of the Promoters of the Company AGS Transact Technologies Ltd. Sudip Ravi B. Goyal (Chairman & Managing Director) Bandyopadhyay Independent, Non- Executive Director Vijay Chugh Independent, Non- Executive Director Responsible for the management of the overall operations of our Company and our Subsidiaries Prior to establishing AGS, founded Advanced Graphic Systems, a proprietary concern, to market computer-aided textile designing software 26 years of experience in the field of technology Board of Directors Rahul Narain Bhagat Independent, Non- Executive Director Subrata Kumar Mitra Independent, Non- Executive Director Anupama R. Goyal Non-Independent, Non-Executive Director Stanley Johnson P Executive Director Vinayak R. Goyal Executive Director • • • . • Serves as a director on the boards of the company's subsidiaries, ITSL and SVIL Over 32 years of experience at RBI Serves as a director on the boards of ITSL and SVIL Over three decades of experience in consumer banking Experienced in the fields of management and finance Director on the board of company's Subsidiary, ITSL >26 years of experience in the payment industry strengthened & expanded our banking outsourcing operations Drives strategic and business initiatives Non-executive director on board of ITSL Saurabh Lal CFO of AGS and our Subsidiary, SVIL Ricardos El Khoury CEO & Director of Novus SGP (Subsidiary) Satish Zope Head Petroleum Business Sanjiv Tewari Head Banking Service Shailesh S Shetty Managing Director of SVIL (Subsidiary) • • Management Team >15 years of experience in the financial service Industry PK Rajnarayan Head -Retail Sales Business >27 years of experience in sales 28 years of experience in information technology sector Nikesh Samaiya Executive Vice President - Technology > 18 years of experience in IT & software development > 25 years of experience in sales & business development > 23 years of experience in sales & service of consumer electronics/appliances & fintech company > 25 years of experience in the fields of supply chain and after-sales service Ashish Mehta Head IT and Infrastructure Sudheer Parappurath Head Risk & Operations of Subsidiary, ITSL > 21 years of management & technical experience in banking and payment Industry > 26 years of experience in payment industry 1 12#15WAY FORWARD AGS Transact Technologies Ltd.#16Fast Growing Digital Payments Industry Digital Payments growth momentum expected to continue Extraordinary growth in Indian digital payment space in the last few years Number of POS Terminals In '000 4,720 Expected to Digital Payment Industry Transaction Value on POS ( Bn) Debit Cards ■Credit Cards 3,083 FY18 FY21 grow at a CAGR of 11% in the next 5 Years 7,323 6,309 6,034 4,590 3,284 2,407 5,935 7,005 6,578 4,601 3,299 1,591 FY16 FY17 FY18 FY19 FY20 FY21 Payment Services Market 16 AGS Transact Technologies Ltd. 44 Transaction Volume (Bn) FY18 FY21 Number of Prepaid Cards Issued (Mn) Expected to grow at a CAGR of 23.5% in the next 5 Years Number of Transactions Payment Modes Growth FY21 in FY21 (Mn) UPI 22,331 78.4% IMPS 3,278 27.1% 1,089 941 AePS 3,921 68.3% 433 465 333 144 BHIM App 251 24.7% FY16 FY17 FY18 FY19 FY20 FY21 Source: Ken Research Report 14#17Strong Growth in the Cash Payments Industry Despite the growth of cashless transactions, people in India rely heavily on cash transactions in their day-to-day life AGS Transact Technologies Ltd. Cash Transactions account for 89% of all transactions (FY21) Non-Cash Mode 11% Cash Payments Industry Cash in circulation as a % of GDP In Trillion 25 25 21 18 29 15% 89% 11% 11% 12% Cash Mode FY18 FY19 FY20 FY21 ATM Penetration (2020) ATMs per 1000 sq. km. ATMs per 100k people USA 141 Japan Japan 102 UK Russia 90 China UK 79 Brazil 80 180 India 99 65 USA 48 China 70 Brazil 20 India 15 Russia 8 Source: Ken Research Report # of transactions (million) Cash withdrawal from ATMs back to PreCovid levels 700 Pre COVID-19 Post COVID-19 Impact of Covid 19, Lockdown & restrictions 600 Easing Restrictions & Unlock Phase 500 [VALUE] Sep-21 400 300 200 Nov-19 Jan-20 [VALUE] Apr-21 [VALUE] Mar-21 Mar-20 May-20 Jul-20 Sep-20 Nov-20 Jan-21 Mar-21 Number of ATMs are expected to grow driven by CRMS 35 343 # CRMs in '000 222 106 26 18 14 11 Increase in interchange fee per transaction from 15 to 17 for financial transactions by RBI (effective from August 1, 2021) to enhance margins FY17 FY18 FY19 FY20 FY21 Cash deposit interoperability to give a boost to CRMS. CRMs are expected to grow at a CAGR of 23% to in the next 5 Years With additional scope of service there is an increase revenue per ATM per month with implementation of RBI & MHA guidelines and Cassette swap 15#18Building Blocks to Implement Future Strategy Grow and scale-up Digital 1 2 3 Pivot from Payments-as-a-Service to Payments-as-a-Convenience through Ongo Card and Ecosystem Grow Digital Payment Solutions Business (Solutions including POS, IPS and value- added services) Continued focus on Cash ATM Enhance Integrated Technology Payments Platform Continued focus on ATM & CRM Outsourcing & Managed Services AGS Transact Technologies Ltd. 5 Focus on Cash Management Services (Offer robust infrastructure & services in compliance with MHA & RBI guidelines) 6 International Expansion Be a leader in payment solutions by delivering secure, innovative products that engage a customer across the product value chain in a cost-effective manner AGS Transact Technologies Ltd. 16 16#19KEY HIGHLIGHTS OF THE QUARTER AGS Transact Technologies Ltd.#209 Months Quarterly Performance Highlights: Q3 & 9M FY '22 Mn Total Income +5.1% EBITDA EBIT 25.9% 25.6% 12.1% 12.7% . 4,930 +4.9% 4,693 +10.4% 1,216 1,276 626 567 Q3FY21 Q3FY22 Q3FY21 Q3FY22 Q3FY21 Q3FY22 Total Income EBITDA EBIT 22.6% 25.4% 6.9% 12.0% +12.4% +26.5% 13,923 12,389 3,541 2,800 858 +95.3% • 1,676 9MFY21 9MFY22 9MFY21 9MFY22 9MFY21 9MFY22 • AGS Transact Technologies Ltd. 59% YoY jump in 9MFY22 Digital Payment Solutions Revenues Healthy order book with all leading OMCs in India under Digital Payments; and with Banks under ATM outsourcing and Banking Services Business Redeemed outstanding NCDs worth 5,500 Mn, which was part of the Objects of the Offer. The main objective of the OFS in the IPO was that the promoter of AGS, Mr. Ravi B. Goyal will sell shares, but the net proceeds ( 6,500 million) will be infused into the company by buying the CCPS from company. This has been fulfilled on January 29, 2022, even before the listing. In Q4FY22, the company's finance cost is expected to remain elevated due to make-whole provision for the NCDs. However, the company will save around ₹ 1,000 Mn in interest costs which will be reflective in FY23 18#21Consolidated Statement of Profit and Loss (In Mn) Revenue Other Income Total Income Cost of Raw Materials Q3FY22 Q3FY21 YOY Q2FY22 QoQ 9MFY22 9MFY21 YOY 4,848 4,630 5% 4,822 1% 13,730 12,162 13% 82 62 34 192 226 4,930 4,693 5% 4,856 2% 13,923 12,389 12% 701 719 422 1,542 1,562 Purchase of Traded Goods 2 142 169 252 390 Decrease/Increase in Inventory 45 23 46 130 (89) Sub-contracting Expenses 652 604 637 1,968 1,739 Employee Cost 709 676 666 2,018 2,104 Other Expenses 1,546 1,313 1,551 4,464 3,871 Total Expenses before Interest, Depreciation & 3,654 3,477 3,489 10,374 9,577 Amortization EBITDA 1,276 1,216 5% 1,367 -7% 3,549 2,812 26% Finance Costs 609 254 585 1,783 T- 940 I Depreciation 650 649 605 1,865 1,941 EBIT 18 313 -94% 177 -90% (99) (70) 42% Add: Share of Associate Profit/ (Loss) 0 0 -2 (8) (12) PBT 18 313 -94% 175 -90% (107) (82) 30% Tax Expense: Current Tax Adjustment of Tax Deferred Tax (credit)/charge Total Tax PAT 97 3 0 (17) 15 13 112 (1) 116 0 18 134 232 22 0 0 3 (32) 235 (10) (94) 313 -130% 41 -329% (342) (72) 376% Earnings per equity share Basic earnings per share (₹) (0.80) 2.64 Diluted earnings per share (₹) (0.80) 2.60 0.35 0.34 (2.88) 0.60 (2.88) 0.60 AGS Transact Technologies Ltd. Redemption of NCDs worth 5,500 Mn in Jan-22, will save around 1,000 Mn in interest costs which will be reflective in FY23 19#22HISTORICAL FINANCIALS AGS Transact Technologies Ltd.#23Established track record of delivering robust financial performance as well as continued growth AGS Transact Technologies Ltd. 15.6% 14.3% 10.0% 9M 13.6% FY19 FY22 70.8% 75.7% Revenue from operations Breakdown Payment Solutions ■Banking Automation ■ Other Automation Total Income 18,236 18,335 17,972 FY19 FY20 FY21 13,923 9MFY22 Service Revenue 82.8% Service 12.4% 56.8% Revenue 88.2% 12.6% 47.1% 4.8% 12.9% 8.7% 9M FY19 FY22 14.8% 17.2% 12.6% ■ ATM & Management Services Digital Payment Services AMC Services and upgrades ■ Revenue from Products ■Cash Management Services EBITDA & EBITDA Margin Profit after Tax 4,954 4,767 25.5% 27.0% 26.5% 16.7% 3,548 3,044 FY19 FY20 830 762 548 FY19 FY20 FY21 -342 9MFY22 FY21 9MFY22 Notes: 1. Amount in million; Certain figures have been rounded off to the nearest million (mn) with zero or one decimal 2. FY19 figures have been reported as per applicable accounting standards in force in the corresponding accounting year Mn 21 21#24Consolidated Summary Statement of Profit and Loss (In *mn) Revenue from operations Other income Total income Expenses Cost of raw materials and components consumed 9MFY22 13,730.39 192.39 13,922.78 FY21 17,589.44 382.08 17,971.52 FY20 18,004.43 330.83 18,335.26 AGS Transact Technologies Ltd. 1,542.42 2,133.91 2,337.10 Purchase of traded goods 251.73 535.80 303.20 (Increase)/ Decrease in inventories of finished goods and traded goods 130.35 (39.62) 101.75 Employee benefit expenses 2,017.64 2,771.66 2800.76 Other expenses 6,431.89 7,802.17 7,837.84 Total expenses before Interest, depreciation and amortization 10,374.03 13,203.92 13,380.65 Earnings before interest, tax, depreciation and amortisation (EBITDA) 3,548.75 4,767.60 4,954.61 Finance costs 1,782.76 1,330.62 1,304.01 Depreciation and amortization expense 1,864.97 2,596.48 2,446.65 (98.98) 840.50 1,203.95 Share of net profit (loss) of associate (7.94) (16.23) Profit before tax Tax expense: Current tax (106.92) 824.27 (8.71) 1,195.24 232.15 252.19 337.41 Adjustment of tax relating to previous years 43.19 (4.31) Deferred tax (credit)/charge 2.55 (19.03) 32.00 Total tax expense 234.7 276.35 365.10 Profit for the year attributable to equity shareholders (341.62) 547.92 830.14 Earnings per equity share Basic earnings per share (*) Diluted earnings per share (*) (2.88) 4.62 7.00 (2.88) 4.55 6.90 22 22#25Consolidated Summary Statement of Assets and Liabilities AGS Transact Technologies Ltd. (In *mn) Non-current assets FY21 FY20 (In *mn) FY21 FY20 Equity and liabilities Property, plant and equipment 6,032.01 5,997.06 Equity Right of use Asset 3,207.03 4,054.22 Equity share capital 1,185.81 1,185.81 Capital work-in-progress 468.57 866.89 Other equity 4,400.81 3,803.74 Goodwill 25.20 24.49 Total Equity 5,586.62 4,989.55 Other intangible assets 383.24 440.65 Non-current liabilities Intangible assets under development 113.17 23.20 Financial liabilities Financial assets Borrowings 8,661.83 3,448.81 Investments 7.93 23.55 Lease Liabilities 2,587.51 3,281.88 Other financial assets 769.22 823.80 Other financial liabilities 32.46 102.14 Deferred tax assets (net) 558.82 539.44 Provisions 261.75 223.39 Other non-current assets 614.61 712.21 Other non-current liabilities Other non-current tax assets (net) 174.93 339.44 Total non-current liabilities 60.66 11,604.21 78.80 7,175.02 Total non-current assets 12,354.73 13,884.95 Current liabilities Current assets Inventories 720.07 639.03 Financial liabilities Borrowings Financial assets 3,668.20 1,305.87 3,300.07 1,519.41 Investment Lease Liabilities 96.91 0.00 Trade payables Trade Receivables 4,905.29 4,564.85 Unbilled Receivables 3,182.95 1,594.57 Total outstanding dues of micro enterprises and small enterprise Cash and cash equivalents 5,923.23 106.11 Total outstanding dues of creditors other than micro Bank balances other than above 1,018.87 652.69 enterprises & small Enterprises Other financial assets 244.10 199.03 Other financial liabilities Other current assets 643.69 708.36 Other current liabilities Other current tax assets (net) 48.48 104.36 Provisions Total current assets 16,783.59 8,569.00 Total current liabilities Total assets 29,138.32 22,413.95 Total equity and liabilities 92.17 138.10 4,176.02 3,483.40 809.50 800.78 1,688.86 776.38 206.87 231.24 11,947.49 10,249.38 29,138.32 22,413.95 23 23#26Consolidated Summary Statement of Cash Flows (In *mn) (A) Cash flow from operating activities Net restated profit/(loss) before tax Adjustments: Changes in working capital: Decrease (increase) in inventories (Increase) decrease in trade receivables Decrease (increase) in loans and other financial assets (Increase) decrease in other current assets Decrease in other non-current assets Increase in trade payables Increase in other current liabilities (Decrease) / increase in other non-current liabilities Increase in provisions Cash generated from operations Direct taxes paid (net) Net cash flow generated from operating activities (A) (B) Cash flow from investing activities Net cash (used in) investing activities (B) (C) Cash flow from financing activities FY21 824.27 3671.50 4,495.77 (80.82) (1,925.14) FY20 1,195.24 3657.00 4,852.24 AGS Transact Technologies Ltd. 35.77 96.99 98.74 644.13 279.68 (539.38) 14.73 (302.12) 12.50 (77.09) 946.09 416.48 (87.83) (13.41) 11.30 58.38 4,235.00 4,702.01 (74.98) (241.70) 4,160.02 4,460.31 (1,547.82) (2,906.62) Net cash (used in) / generated from financing activities (C) 3,204.92 (1,717.57) Net increase / (decrease) in cash and cash equivalents (A+B+C) 5,817.12 Cash and cash equivalents at the beginning of the year 106.11 Cash and cash equivalents at the end of the year 5,923.23 (163.88) 269.99 106.11 24 24#27ANNEXURE AGS Transact Technologies Ltd.#28Banking Automation, and Other Automation Solutions - Business Overview AGS Transact Technologies Ltd. Products Services Banking Automation Solutions ATMs and Cash Dispensers: Enable customers to access their bank accounts to make cash withdrawals (or credit card cash advances), fund transfers, check balances etc. CRMS: Allow a bank's customer to make deposits which are sorted into various denominations and are used for cash dispensing Banking Transaction Terminals: Includes a variety of self serving banking platforms like automated cheque deposit terminals and multifunction self-service kiosks Note Sorters: Authenticate and classify banknotes, and can perform functions such as note counting, value counting and sorting notes by denomination etc. Annual Maintenance: Second line maintenance for ATMs and CRMS Upgrades and Software: Hardware and software upgrades services for ATMs and CRMS Spare Parts: Stocks spare parts of ATMs and other automated products Retail Sector Operations Petroleum Sector Operations Colour Sector Operations Other Automation Solutions Cash Billing Terminals: Offers cash billing terminals and solutions to retail establishments, such as supermarkets, multiplexes, etc. Digital Signage Software: To mange customized marketing and information messages, scheduling, logs & alerts etc. Services: Provides maintenance services, software customization, hardware upgrades and spare parts for repairs of POS terminals and other automation equipment Products: Offers "forecourt controller", a device which interfaces with various dispensers and tanks in the outlet Services: (1) Operational implementation & support services; (2) maintenance support; (3) helpdesk & remote support; (4) software upgrade & customization Offers automatic paint dispensers to deliver the right shade of colour Manages the entire lifecycle of the machines including deployment, implementation and maintenance Revenues (Mn) 2,461 2,109 1,598 1,372 FY19 FY20 FY21 9MFY22 Revenues (Mn) 2,818 2,485 2,111 1,960 FY19 FY20 FY21 9MFY22 26 26#29AGS Transact Technologies - Corporate Structure 100% Promoters and Promoter Group 66.07% AGS Transact Technologies Ltd. Securevalue India Ltd. (Cash Management) 100% India Transact Services Ltd. (Digital payment system) Domestic Operations 100% Global Transact Services Pte. Ltd 90% Novus Technologies Pte. Ltd. (Cash and Digital Payment) 100% 99.99% Novus Technologies (Cambodia) Company Novus Transact Philippines Corp. Ltd. AGS Community Foundation - Subsidiary of AGSTTL 100% 45% AGS Transact Technologies Ltd. Novustech Transact Lanka (Pvt.) Ltd. PT. Nova Digital Perkasa Associate International Operations 27 27#30Use of IPO proceeds IPO - Offer of Sale IPO Net Proceeds of 6,500 million Promoter Sale of CCPS of VEPL Shares to Promoter Consideration amounting to ₹6,500 million AGS Transact Technologies Ltd. AGS Transact Technologies Limited Repayment of NCDs of ~5,500 million plus accrued interest NCD Holders The Company has redeemed outstanding NCDs, which was part of the Objects of the Offer. The main objective of the OFS in the IPO was that the promoter of AGS, Mr. Ravi B. Goyal will sell shares but the net proceeds (6,500 million) will be infused into the company by buying the CCPS from company. This has been fulfilled on January 29, 2022, even before the listing. As a result, the company will save around 1,000 Mn in interest costs which will be reflective in FY23 28#31THANK YOU AGS Transact Technologies Ltd. AGS Transact Technologies Limited CIN: L72200MH2002PLC138213 Ms. Sneha Kadam Company Secretary & Compliance Officer Email id: [email protected] Tel No: 022- 71818181 SGA Strategic Growth Advisors Strategic Growth Advisors Pvt Ltd. CIN: U74140MH2010PTC204285 Shikha Puri Aakash Mehta Email id: [email protected]/ [email protected] Tel No: +91 98192 82743 / +91 98191 78243